February, 25 2018


Life insurance reviews, news and prices from the top companies

Trustage Life Insurance Review

Trustage Life Insurance Review

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Trustage Life Insurance Review

Pros: Size– The number of credit union members served by the TruStage insurance program totals over 15 million which includes; life insurance, accidental death and dismemberment (AD&D) auto insurance and homeowners insurance as well as other insurance products.  Awards– TruStage’s apparent company, CUNA Mutual Group was nominated as one of the worlds most ethical companies by the Ethisphere Institute.   No Medical Exam– For life insurance policies under $200,000 a medical exam typically isn’t required.  History– TruStage’s apparent company, CUNA Mutual, has been serving credit unions since 1935.

Cons: Doesn’t Shop for the Lowest Rates– Trustage which is part of CUNA Mutual, only offers rates from their apparent company- CMFG Life Insurance Company.  While TruStage- CMFG Life Insurance Company does offer competitive pricing; they are not often the absolute cheapest.

Bottom Line: TruStage Life Insurance, which is part of CUNA Mutual Group, the marketing name for CMFG Life Insurance Company, has more than 4,000 credit unions that participate in their insurance program.  The life insurance offered by the credit a unions through TruStage, underwritten by CMFG Life Insurance Company is competitively priced but will often not be the absolute lowest rate available on the market.  As with all the companies we review, we recommend that you receive a quote from Trustage and from the other top insurance companies and choose the best policy.


Issued by: CMFG Life Insurance Company

Founded: 1935


Phone: (888) 888-0375

Address: CMFG Life Insurance Company 5910 Mineral Point Rd, Madison, WI 53705

A.M Best Rating: A (Excellent) Third highest of 16 possible ratings 

Comdex Ranking: NA

BBB Rating: A+  

Life Insurance Products: Term Life Insurance (10 to 30 year term) Whole Life Insurance, Simplified Issue-no medical exam under $200,000, Accidental Death & Dismemberment- (AD&D).

Life Insurance for: Credit Union Members

Competitors: Country Financial, Prudential, PennMutual, MetLife, Assurity, Sagicor Life Insurance, Western National Life Insurance Company, Pacific Life Insurance Company, Nationwide, Globe Life Insurance, UNUM, Mutual of Omaha Insurance Company, Northwestern Mutual Life Insurance, New York Life, TIAA-CREF, MassMutual, Liberty Mutual, John Hancock, Ohio National Life, Principal, State Farm, Farmers, Allstate, American General Life-AIG, Banner Life, Protective Life, Primerica, Genworth Life, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Midland, Columbus Life Insurance Company, Cincinnati Life, ANICO, TIAA-CREF, Securian, Guardian, OneAmerica, Amica, Minnesota Life, RiverSource, Allianz Life Insurance Company, AAA, Erie, Thrivent Financial for Lutherans, EMC National Life, Motorists Life, Pan-American Life, National Life Group, Shelter, HoraceMann, Group Life Insurance, Supplemental Life Insurance, Aflac, Voluntary Life Insurance, Baltimore Life, Security Mutual Life, SBLI, Foresters, 5 Star Life Insurance Company, Oxford, Americo, United Home Life, Monumental, Funeral Advantage, Standard Life, Colonial Penn, AARP.

Price Comparison

Sample rates for a 40 year male for a $500,000 policy on a 30-year term at each company’s best health class, non-smoker.

AgeTruStageAIGPrudential MetLife


Sample rates for a 40 year old male for a $500,000 policy on a 20-year term at each company’s best health class, non-smoker.




What is your experience with Trustage life insurance?  Tell others if you would recommend them to your friends and family.  Please leave a comment and rating below.

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TruStage Life Insurance Agency
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